Last Week: We’re dooomed, Northern Rock will fail, the Government will lose billions, that’s a gazillion pounds of your money. Children will be left sobbing in the streets. Woe is everyone.
This Week: Not so much.
November 26, 2007...4:11 pm
Northern Rock: Media Summary
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4 Comments
November 26, 2007 at 10:07 pm
If ever a post needed an ‘Update’ Hopi – my understanding is two major shareholders are likely to block.
Chickens, counting etc.
November 26, 2007 at 11:35 pm
Cass, come on dude. You’re a fund that has invested in a tanking stack. You get an offer that means your ROI is a disaster area, and shock horror, you say you want something better when a fund comes in offering to pick up the pieces.
We’ll see how they act when they’re actually put to a choice between various bids (and as the Lib Dems call for nationalisation as an alternative gets lots of silly media play).
January 14, 2008 at 11:14 pm
Care to revisit this topic…?
January 15, 2008 at 10:43 am
Wait and see!